Fiserv (MEX:FISV) E10: MXN69.55 (As of Mar. 2026)


MEX:FISV Fiserv Inc MEX:FISV
72 GF Score
Price MXN847.00
GF Value MXN2,995.07
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Fiserv E10?

Fiserv MEX:FISV -0.03% 72 E10 is MXN69.55 as of Mar. 2026. GuruFocus rates MEX:FISV with a GF Score™ of 72/100 and a GF Value™ of MXN2,995.07 (Possible Value Trap). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Fiserv's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN19.295. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN69.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fiserv's average E10 Growth Rate was 13.60% per year. During the past 3 years, the average E10 Growth Rate was 15.90% per year. During the past 5 years, the average E10 Growth Rate was 16.10% per year. During the past 10 years, the average E10 Growth Rate was 13.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Fiserv was 27.30% per year. The lowest was 8.10% per year. And the median was 15.60% per year.

As of today (2026-06-28), Fiserv's current stock price is MXN847.00. Fiserv's E10 for the quarter that ended in Mar. 2026 was MXN69.55. Fiserv's Shiller PE Ratio of today is 12.18.

During the past 13 years, the highest Shiller PE Ratio of Fiserv was 71.42. The lowest was 12.21. And the median was 49.34.


Fiserv  (MEX:FISV) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Fiserv's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=847.00/69.55
=12.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Fiserv was 71.42. The lowest was 12.21. And the median was 49.34.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Fiserv E10 Related Terms


Fiserv E10 Historical Data

* Premium members only.

The historical data trend for Fiserv's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fiserv E10 Chart

Fiserv Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.57 48.56 49.39 65.78 69.13

Fiserv Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.77 67.74 69.07 69.13 69.55

MEX:FISV vs CTSH, FIS, BR: E10 Comparison

For the Information Technology Services subindustry, Fiserv's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fiserv Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Fiserv's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fiserv's Shiller PE Ratio falls into.


MEX:FISV
72GF Score
Fiserv Inc MEX:FISV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiserv E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Fiserv's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=19.295/330.2130*330.2130
=19.295

Current CPI (Mar. 2026) = 330.2130.

Fiserv Quarterly Data

per share eps CPI Adj_EPS
201606 8.692 241.018 11.909
201609 9.281 241.428 12.694
201612 10.102 241.432 13.817
201703 10.544 243.801 14.281
201706 9.219 244.955 12.428
201709 9.800 246.819 13.111
201712 25.237 246.524 33.804
201803 18.168 249.554 24.040
201806 11.790 251.989 15.450
201809 10.288 252.439 13.458
201812 13.941 251.233 18.324
201903 10.863 254.202 14.111
201906 10.757 256.143 13.868
201909 6.515 256.759 8.379
201912 6.790 256.974 8.725
202003 13.365 258.115 17.098
202006 0.068 257.797 0.087
202009 8.615 260.280 10.930
202012 8.752 260.474 11.095
202103 9.198 264.877 11.467
202106 7.962 271.696 9.677
202109 13.160 274.310 15.842
202112 10.257 278.802 12.148
202203 20.309 287.504 23.326
202206 18.509 296.311 20.627
202209 15.086 296.808 16.784
202212 23.980 296.797 26.680
202303 16.042 301.836 17.550
202306 18.858 305.109 20.410
202309 27.173 307.789 29.153
202312 24.613 306.746 26.496
202403 20.579 312.332 21.757
202406 28.030 314.175 29.461
202409 19.296 315.301 20.209
202412 34.203 315.605 35.786
202503 30.892 319.799 31.898
202506 35.022 322.561 35.853
202509 26.783 324.800 27.229
202512 27.189 324.054 27.706
202603 19.295 330.213 19.295

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN69.55 mean?
Fiserv (MEX:FISV) has a E10 of MXN69.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fiserv and its competitors.
Is Fiserv's E10 too high?
Fiserv's current E10 is MXN69.55. Overall, Fiserv has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fiserv's E10 compare to CTSH and FIS?
Fiserv's E10 of MXN69.55 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Software company?
A good E10 depends on the Software industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fiserv and its competitors. Fiserv's current E10 is MXN69.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiserv stock overvalued right now?
Based on GuruFocus' analysis, Fiserv (MEX:FISV) is currently considered Possible Value Trap. The stock's GF Value™ is MXN2,995.07, compared to a current price of MXN847.00 — trading 71.7% below its estimated fair value. The current E10 is MXN69.55. Fiserv's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Fiserv (MEX:FISV), the current E10 is MXN69.55 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fiserv (MEX:FISV) Overvalued in 2026?

Based on GuruFocus' analysis, Fiserv stock appears to be undervalued. The current stock price of MXN847.00 is trading 71.7% below its estimated GF Value™ of MXN2,995.07. GuruFocus considers Fiserv to be Possible Value Trap.

Key valuation signals for MEX:FISV:

  • E10: MXN69.55
  • GF Value™: MXN2,995.07 vs. price of MXN847.00 (71.7% below fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the MEX:FISV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fiserv Business Description

Address 600 N. Vel R. Phillips Avenue, Milwaukee, WI, USA, 53203
Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for US banks and credit unions, with a focus on small and midsize banks. Following its 2019 merger with First Data, Fiserv also provides payment processing services to merchants. About 10% of the company's revenue is generated internationally.
72GF Score

Get the complete analysis for MEX:FISV

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN847.00
Price
MXN2,995.07
GF Value